Chapter 6.docx - Chapter 6 Data representation of facts that come from process Measurement act of quantifying the performance dimensions of product

Chapter 6.docx - Chapter 6 Data representation of facts...

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Chapter 6 Data- representation of facts that come from process. Measurement- act of quantifying the performance dimensions of product, services, process Measures and indicators - numerical information that results from measurement Indicator - use for measurement that are not direct or exclusive measure Measurement and analysis- aims to guide an organization toward the achievement of busieness results and strategic objectives Deming- believed in using data as a basis for problem solving Information- data in context of a business 3 levels of quality- individual, process, organization Manual Numbering System: a numbering system for policies and procedures that uses traditional data collection using papers. Costumer: the possible consumer of a product or a service. Business: an industry that provides service/product. That can satisfy customer's needs and wants. And also to gain profit. Operations: a process on how to do or make products or services. Financial Practices: is a knowledge on how a business is going to do or improve their performance and strategic information. To have a efficient production or service. Growth Plan: a plan on how a business is going to improve their operations. Control Panel: someone who controls the material cost, inventory, overtime and etc. Measures and Indicators: refer to the numerical information that fixture might be assessed by visual inspection. A useful measure of quality might be the percentage of fixture that have surface defects. Indicator: is often used for measurements that are not a direct or exclusive measure of performance. Production: the action of making or manufacturing from components of raw materials. Or process of being manufactured. Internal changes: a changes inside the organization. External changes: a changes inside the room. Data: simply representation of facts that come from some type of measurement process. Problem Solving: is a process of solving a problem. Information: is data in context of a business Or organization. Derived from the analysis data Right information: for the adequate information. Quality: importance of quality has a major impact on role of accounting system in business. Because it able to provide quality cost data for direct labor , warranty expenses.. Traditional accounting system : focused of promoting mass production. Activity based costing: it organized information about the work that consumer resource consuming resources and delivers value in a business. Productivity: measures help the managers determine whether their prices are account accomplishing their objectives. Customer Service: availability of a employee to provide or leans customers a hand or service .
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